What is the “disbalance”? Are we referring to funds

that cannot be found? Or under-collateralized funds?

29 ответов

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We don't have the details on the audit and its results, but once we have we will publish them to inform the community.

Ted Burns- Автор вопроса

I’m not asking about the audit results. The audit is to find the cause of the “disbalance”. What is disbalanced?

Ted Burns
I’m not asking about the audit results. The audit...

The main target of the audit is to determine the impediments for withdrawals of different assets.

Alexandra | WX Network
We don't have the details on the audit and its res...

audit is held by your team. why dont you have any information?

poll
audit is held by your team. why dont you have any...

The audit is ongoing and once the results are available - we will inform the community.

Ted Burns- Автор вопроса
Alexandra | WX Network
The main target of the audit is to determine the i...

So why did they say “disbalance” instead of that?

Ted Burns
So why did they say “disbalance” instead of that?

Greetings! Because it's one of the possible words which is relevant here.

Ted Burns- Автор вопроса
lars
Greetings! Because it's one of the possible words ...

Probably the worst possible word unless you are simply admitting that you lost user funds and are trying to find where they went.

lars
Sorry, but disbalance doesn't mean losses.

What? Disbalance means we can’t withdraw funds because there’s no liquidity left, how different with losses.

lars
Sorry, but disbalance doesn't mean losses.

Why do you assume there is a disbalance ? If all the bridge did is safeguarding 1 for 1 How can there be technically a difference between safeguarded usdt and usdt-wx

So
Why do you assume there is a disbalance ? If all t...

Hello, the system of the old gateways used a different method of storing liquidity, the audit is currently being carried out to determine all the wallets of the gateways, on which liquidity has accumulated and accumulated for so many years. And these are the gateways for the USDT-WXG token For decentralized bridges from the Pepe team (USDT), a fundamentally different approach is used and it is incorrect to compare one with the other

Yuri | WX Network
Hello, the system of the old gateways used a diffe...

My question is about the initial bridge, the new bridge has nothing to do with that in fact. I find it a bit disgusting that people who safeguarded there funds on the old bridge, were answered many times here some things like "don't worry, the new bridge will solve that" People who deposited their funds via the old bridge have no funds anymore to have the chance trying the new bridge, the new bridge is none of their business

As far as I know, the team has always said that new bridges will solve the problem with transparency and decentralization, but not with liquidity

So
My question is about the initial bridge, the new b...

As for the loss of funds by users, making such statements before the end of the audit is at least unfounded and may mislead some new users

Yuri | WX Network
As for the loss of funds by users, making such sta...

So as of now the team is not sure there is any discrepancy between the amount of circulating usdt-wxg versus real usdt safeguarded?(and usdc) It opens the way for a 100% recovery in short term for the old gateway depositors ?

So
So as of now the team is not sure there is any dis...

We have an ongoing audit on this matter. After the end of audit we will publish the result. Stay tuned and follow our updates at @wx_network

Michael | WX Network
We have an ongoing audit on this matter. After the...

Do you think the audit will be published this month ?

So
Do you think the audit will be published this mont...

You mean the report? We have already published announcement regarding the end of audit of WBTC gateway, more results will be published soon!

Michael | WX Network
You mean the report? We have already published ann...

Yes for usdt and usdc which currently are trading 90% below the dollar

So
Yes for usdt and usdc which currently are trading ...

I have no exact date, but we will make an announcement on this matter

if there isn't not 100% of the funds available and some users funds have been lost, I hope you find the guilty (do you think there was a hack or something which wnet unnoticed ?) and that you find a way to bring 100% immediate or short term liquidity back to the old gateway depositors

So
if there isn't not 100% of the funds available and...

All such topics should be discussed in the @wavesissues chat. We are ready to help you here with WX Network services.

Ted Burns- Автор вопроса
Yuri | WX Network
As far as I know, the team has always said that ne...

False. Many times we were told that new bridges would help with liquidity because it would take strain off of legacy gateways.

Ted Burns
False. Many times we were told that new bridges w...

Hi Ted! We hope that the situation will significantly improve after the audit as well as the market will come back to balance.

lars
Hi Ted! We hope that the situation will significan...

Lars hope is not what we expect from an exchange

Fortunato
Lars hope is not what we expect from an exchange

Hello! We just need to wait for the audit result and the situation will become clearer.

Yuri | WX Network
Hello, the system of the old gateways used a diffe...

are the Pepe team affiliated with the very hot PEPE coin that is going around right now? if not then why are they called Pepe... are they related to the frog?

neetlord
are the Pepe team affiliated with the very hot PEP...

Hi neetlord! As I know, no, there is no affiliation. But you'd better clarify this question by using the relevant telegram group: PepeTeam

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